Vegetable Trader Stanbic Agro IPO: ₹40 Cr Market Cap, ₹30 Share on BSE SME.

• Stanbic Agro, a vegetable trading company, is launching an IPO on the BSE SME platform.
• The IPO aims to raise ₹28 crore and achieve a market capitalization of ₹40 crore.
• Shares are priced at ₹30 each, with 41 lakh new shares to be issued, raising ₹12.3 crore.
• The IPO opened on December 12, closes on December 16, and is expected to list on December 19.
• The company's revenue grew from ₹26.6 crore in FY2024 to ₹52.5 crore in FY2025.

Why It Matters: Stanbic Agro's IPO shows traditional businesses entering the risky SME stock market.